How Quickly Can I Buy a Home After a Short Sale?

If you’ve been through a foreclosure or short sale there will come a time when you’re ready to purchase real estate again. How quickly can you buy a home after a short sale or foreclosure? The general rule is three years after a short sale and seven years after a foreclosure which is also a…

Is a Loan Modification My Best Option?

Is a Loan Modification My Best Option?

A loan modification might be a good option for homeowners struggling to pay their mortgage each month but still want to keep the home. Loan modifications typically start out at a fixed rate of interest for the first five years and then convert to an adjustable rate mortgage or the homeowner can refinance. This is really…